272 Renforth Drive, Toronto, ON

Markland Wood, Toronto · MLS® W13509468

$3,295,000
For Sale
Listed 16 days ago
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5Bedrooms
7Bathrooms
2Garage · 6 parking
5,000Sq Ft

About this home

Welcome to a custom-built house offering approximately 5,600 sq. ft. of finished living space, thoughtfully crafted with luxurious finishes, state-of-the-art technology, and unparalleled attention to detail. Nested on a premium ravine lot, this extraordinary home seamlessly blends sophisticated design with everyday functionality. It boasts 4 spacious bedrooms plus an additional bedroom in the lower level. This home features 5 full bathrooms and 2 powder rooms, providing comfort and convenience for both family living and entertaining. The interior showcases hardwood flooring throughout the main living areas, and the lower level and attic are finished with waterproof laminate flooring. The basement is enhanced by hydronic in-floor heating throughout, creating a warm and inviting retreat year-round. A spectacular custom gourmet kitchen, with premium Bosch appliances, an oversized centre island, integrated refrigerator plus dishwasher, and a 6-burner gas cooktop, creates an ideal setting for both everyday meals and entertaining. Elegant gathering spaces are highlighted by a striking gas fireplace framed in natural stone, while a sophisticated wet bar, complete with a wine cooler, is also featured. The exterior is beautifully enhanced with custom gemstone detailing at both the front and rear of the home, adding timeless curb appeal. Designed to embrace its picturesque surroundings, the property offers walkouts to private balconies on every level. Gas BBQ lines are conveniently installed on every patio. Practical luxury continues with a mudroom offering direct access from the garage, abundant built-in storage, and an adjacent dog-wash room-perfect for active families and pet owners alike. The fully insulated and finished double garage, 12 feet high, includes rough-ins for both gas and electric heaters, as well as an installed electric vehicle charging station, providing future-ready convenience. The Property TAX will be reassessed.

Key facts

Property type
Detached, 2-Storey
MLS®
W13509468
Bedrooms
5 (4 + 1)
Bathrooms
7 (2 half)
Size
5,000 sq ft
Lot
50 × 151 ft
Cross streets
Renforth Dr & Burnhamthorpe Rd
Parking
2 garage · 6 parking (built-in)
Driveway
Private Double
Basement
Finished with Walk-Out
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster)
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,149 / 2026
Days on market
16
Listing brokerage
SUTTON GROUP REALTY SYSTEMS INC.
Moe’s TakeTeam Asgarian · Broker
Below comparables
$4.24Mest. value

Listed at $3,295,000, this home is about 22% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in Markland Wood, so I widened the search to the surrounding area.

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $944K, lower than the comparables and worth a second look. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $6.40M
  • Bedrooms −$30K
  • Bathrooms +$15K
  • Adjusts to $6.38M

That comparable adjusts to $6.38M; the $4.24M estimate above is the median of all 5 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

The assigned public school is Eatonville Junior School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$3.29MGreat deal$5.65MOverpriced

Total price vs nearby homes. Fair value about $4.24M, median of 5 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Worth verifying
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$3.83Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

167 Harlandale Avenue$3.59M416 Patricia Avenue$2.92M3 Legacy Court$5.00M

The 3 closest active listings nearby.

See all comparable homes
3.29MThis home3.59M2.92M5.00MThis home vs active comparables
Live market pulseActive comparables in Markland Wood · median list $1.50M
$659this home / sqft
12active listings nearby
16days on market

This home lists 21% below the area average of $836/sqft.

15 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Markland Wood, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

0/ 100

Car-DependentA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Almost all errands require a car.

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Alderwood
$998K
Downsview-Roding-CFB
$1.06M
High Park-Swansea
$4.99M
Bedford Park-Nortown
$2.90M
Lawrence Park South
$2.14M

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Eatonville Junior School
75%
Eatonville Junior SchoolPublic · Elementary · 0.3 km awayAbove the GTA average · 75% meet the provincial standard
Seneca SchoolEQAO results not published

Affordability & Mortgage

Affordability
$15,018/mo
$583KIncome needed
5.7×Price ÷ income
$3,466Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

97%mortgage
Mortgage $15,018Property tax $429Total carry $15,447

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$14,067per month

Mortgage amount $2,636,000 · 4.14% over 25 years

$659,000Down payment (20.0%)
$2,636,000Loan before insurance
$0CMHC premium
$14,496Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$14,067
Property tax
$429
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$14,496

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$68,850
Toronto municipal land transfer tax
$71,800
Estimated closing costs
$140,650

Plus your down payment of $659,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$17,085/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$1,584,002Total interest paid
$4,220,002Total of all payments
Principal $2,636,000 Interest $1,584,002
YearPrincipalInterestBalance
1$61,752$107,048$2,574,248
2$64,335$104,465$2,509,912
3$67,026$101,774$2,442,886
4$69,830$98,970$2,373,056
5$72,751$96,049$2,300,305
6$75,794$93,006$2,224,511
7$78,964$89,836$2,145,546
8$82,267$86,533$2,063,279
9$85,708$83,092$1,977,571
10$89,293$79,507$1,888,277
11$93,028$75,772$1,795,249
12$96,920$71,880$1,698,329
13$100,974$67,826$1,597,355
14$105,197$63,603$1,492,158
15$109,598$59,203$1,382,560
16$114,182$54,618$1,268,378
17$118,958$49,842$1,149,420
18$123,934$44,866$1,025,487
19$129,118$39,682$896,369
20$134,519$34,282$761,850
21$140,145$28,655$621,705
22$146,007$22,793$475,698
23$152,115$16,686$323,583
24$158,477$10,323$165,106
25$165,106$3,694$0

At the end of your 5-year term

Total paid over the term
$844,000
Principal paid down
$335,695
Interest paid
$508,305
Balance remaining
$2,300,305

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$10,500/mo
$126,000Gross annual rent
3.2%Est. cap rate

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

3.8%
Gross yield
− Property tax $5,149− Insurance $1,400− Vacancy & upkeep $13,860Net operating income $105,591

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SUTTON GROUP REALTY SYSTEMS INC.. MLS®/PropTx.

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